Category: economy
-
Yale Researchers Use Washington State Cannabis Licensing Lottery to Measure How Retailers Respond to Nearby Rivals
The study by Yale School of Management's Kosuke Uetake and two colleagues examined how competitors moving in next door change retailers' prices and product selection.
HealthBusinessScience & TechnologyMediaEducationMedical ScienceFilm and TVLegalEconomyClimate ChangeAgriculture Yale UniversityKosuke UetakeYale School of Managementcannabis retailWashington Stateretail competitionresearchUniversitysoil carbonAlexander PolussaAldo ParisotYale School of Music
-
Media Monitor: TIME Ties "Blue Wave," AI Backlash to China and Productivity Shocks
TIME reports a midterm "blue wave" driven by economic inequities and AI anxieties, with voters backing data-center limits as an MIT economist warns of overlapping China and AI shocks.
Science & TechnologyBusinessPolitics and GovernmentArtificial IntelligenceEconomyElectionComputers and InternetTrade TIME2026 midterm electionsdata centersJensen HuangNvidiaChinaTIME magazine
-
Alaska Roundup: $22.8M Wrangell Port Financing, $183.5M Acima Settlement and 24 New Officers
Alaska's weekly roundup: AIDEA backs a $22.8M Wrangell port expansion, Alaska joins a $183.5M Acima settlement, 24 officers graduate in Sitka and seniors are asked to shape the state plan.
Politics and GovernmentBusinessLaw EnforcementEnergyState GovernmentsLegalEconomyTransportation AlaskaAIDEAWrangell Deepwater Port and ShipyardAcima Digital settlementCori MillsAlaska Law Enforcement Training AcademyAlaska Energy AuthorityOffice of the Alaska Governor
-
Fed Vice Chair Jefferson to Discuss Productivity Puzzles and the Macroeconomy at UC San Diego
Federal Reserve Vice Chair Jefferson will speak on new technology, old questions: productivity puzzles and the macroeconomy at the University of California, San Diego Economic Roundtable.
BusinessScience & TechnologyPolitics and GovernmentEconomyFederal GovernmentArtificial IntelligenceEmployment and Labor Federal ReserveJeffersonproductivitymacroeconomyUniversity of California San DiegoBoard of GovernorsEconomic RoundtableU.S. Federal Reserve
-
Four Federal Regulators Extend Third-Party Risk Guidance Comment Period to December 16
The OCC, Federal Reserve Board, FDIC and NCUA pushed the deadline back from November 16, and the Fed separately extended a related community bank guide to the same date.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyLegalFinancial Markets Office of the Comptroller of the Currencythird-party risk managementFederal ReserveFederal Deposit Insurance CorporationNational Credit Union Administrationbank regulationcomment periodOffice of the Comptroller of the Currency (OCC)Federal Reserve Boardbanking regulationfinancial regulationBoard of GovernorsU.S. Federal Reserve
-
Honda to Build $3 Billion Auto Plant in Central Ohio, Creating 2,000 Jobs
Honda will invest about $3 billion in a new Central Ohio auto plant creating more than 2,000 jobs, Governor Mike DeWine announced, alongside a Cleveland amphitheater groundbreaking and 19 veterans inducted into the state hall of fame.
Politics and GovernmentBusinessState GovernmentsEconomyEmployment and LaborEducation HondaMike DeWineOhioJobsOhioJim TresselOhio Veterans Hall of FameCleveland Riverfront AmphitheaterOhio Governors Office
-
Federal Reserve Board Publishes Financial Stability Report
The Federal Reserve Board has released its Financial Stability Report, which sets out its framework for assessing the resilience of the U.S. financial system and presents its current assessment.
BusinessPolitics and GovernmentEconomyBankingFinancial MarketsFederal Government Federal Reserve BoardFinancial Stability Reportfinancial stabilityU.S. financial systemfinancial system resilienceWashington DCU.S. Federal Reserve
-
Virginia General Fund Revenues Up 7.7% Through October, $394 Million Ahead of Forecast
Governor Abigail Spanberger says Virginia revenues grew 7.7% year-to-date through October, $394 million above forecast, driven by corporate income, nonwithholding and sales taxes.
Politics and GovernmentBusinessEconomyState GovernmentsFinancial MarketsTaxes Virginia General FundAbigail SpanbergerMark D. Sicklesstate tax revenueFiscal Year 2027corporate income taxMoving Virginia ForwardVirginiaReston
-
Nebraska General Fund Receipts Up 1.9% for Fiscal Year as October Nets $329 Million
Nebraska's gross General Fund receipts reached $494 million in October, with net receipts of $329 million, as fiscal year-to-date net receipts rose 1.9% to $2.038 billion.
Politics and GovernmentBusinessEconomyState GovernmentsFederal GovernmentTaxation Nebraska Department of RevenueGeneral Fund receiptsJames R. KammNebraska Economic Forecasting Advisory Boardsales and use taxindividual income taxcorporate income tax
-
Census Bureau Sets Fall Release Slate: Families and Living Arrangements Data Due Nov. 17
Census Bureau schedules new estimates on America's families and living arrangements for Nov. 17, plus reports on aging abroad, civic engagement, small-area poverty and business owner demographics.
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentEconomyEmployment and LaborSocial IssuesComputers and Internet U.S. Census BureauCurrent Population SurveySmall Area Income and Poverty EstimatesAnnual Business Surveydata.census.govAmeriCorpsCivic Engagement and Volunteering Supplement
-
IRS Names 10 New Members to Electronic Tax Administration Advisory Committee
The appointees bring payroll, cybersecurity, tax software and state tax expertise to a committee that now works with the Security Summit on identity theft and refund fraud.
Politics and GovernmentBusinessFederal GovernmentEconomyComputers and InternetEmployment and Labor Internal Revenue ServiceElectronic Tax Administration Advisory CommitteeFrank J. BisignanoSecurity Summitidentity thefttax administratione-filing
-
Rice Business Named Top U.S. School for Graduate Entrepreneurship for Eighth Straight Year
Rice Business tops The Princeton Review and Entrepreneur magazine's graduate entrepreneurship ranking for an eighth consecutive year, as Rice breaks ground on a new Houston research hub and researchers unveil compact CRISPR enzymes.
Politics and GovernmentBusinessScience & TechnologySportEnergyEconomyEducationElectionMedical Science Rice UniversityRice BusinessPrinceton ReviewEntrepreneur magazineBaker Institute for Public PolicyKinder Institute for Urban ResearchCRISPR
-
BLS to Release October 2026 Consumer and Producer Price Indexes in Week of November 9–13
The Bureau of Labor Statistics has published its weekly schedule of economic news releases, including October 2026 CPI, PPI and Real Earnings data, plus upcoming reports through early December.
BusinessPolitics and GovernmentEconomyEmployment and LaborFinancial MarketsFederal Government Bureau of Labor StatisticsConsumer Price IndexProducer Price IndexReal EarningsJob Openings and Labor Turnover SurveyNonfarm business productivityEconomic indicators
-
SEC Proposes Principles-Based Executive and Director Compensation Disclosure Reforms
The SEC has proposed rule amendments to make executive and director compensation disclosure more principles-based and materiality-driven, aiming to give investors clearer, more concise and less complex information.
BusinessPolitics and GovernmentFinancial MarketsFederal GovernmentLegalEconomy Securities and Exchange Commissionexecutive compensationdirector compensationdisclosure requirementsrule amendmentsinvestor disclosurefinancial regulation
-
OCC Flags Credit, Market, Compliance and Operational Risks in Fall 2026 Banking Report
The OCC's Fall 2026 Semiannual Risk Perspective highlights interest rate and refinancing risks, modest credit risk, Super Intelligence opportunities and threats, and record bank profitability.
BusinessPolitics and GovernmentScience & TechnologyBankingEconomyFinancial MarketsArtificial IntelligenceFederal Government Office of the Comptroller of the CurrencySemiannual Risk Perspectivefederal banking systemcommunity banksSuper Intelligencecybersecuritybank profitabilityOffice of the Comptroller of the Currency (OCC)
-
FTC Sues to Block Covetrus's $3.5 Billion Acquisition of Rival MWI
The FTC has sued to stop Covetrus and its owners Clayton, Dubilier & Rice and TPG from buying MWI Veterinary Supply for $3.5 billion, warning the deal would raise prices for clinics and pet owners.
BusinessPolitics and GovernmentLaw EnforcementFederal GovernmentEconomyLegal Federal Trade CommissionCovetrus Inc.MWI Veterinary Supply Inc.Cencora Inc.Clayton, Dubilier & Rice LLCTPG Inc.veterinary supplies distribution
-
Media Monitor: FactCheck.org Flags Trump's Post-Election '60 Minutes' Claims, Greenland Deal and Electricity Price Assertions
FactCheck.org is reporting that President Donald Trump twisted facts on the economy, immigration, crime and his net worth in his post-election "60 Minutes" interview, and it also examined the Greenland defense deal and electricity price claims.
Politics and GovernmentMediaHealthUSAWhite HouseFederal GovernmentEconomyEnergyMedia BiasEurope FactCheck.orgDonald Trump60 MinutesGreenlandChris Wrightelectricity pricesCOVID-19 vaccines
-
Producer Prices Rise 0.3% in October as Goods Lead Gains
US producer prices for final demand climbed 0.3% in October, with goods up 0.5% and services 0.2%, while the 12-month increase reached 6.5%, the Bureau of Labor Statistics said.
BusinessPolitics and GovernmentEconomyFederal GovernmentFinancial Markets Producer Price IndexBureau of Labor Statisticsfinal demandinflationOctober 2026goods pricesservices prices
-
Nvidia CEO Jensen Huang Resigns After Reports of Multiple Affairs
CFO Colette Kress is interim chief executive while the board searches for a permanent replacement, and lawmakers from both parties want to know when Commerce Secretary Howard Lutnick knew Huang was in contact with a suspected Chinese asset.
Science & TechnologyBusinessPolitics and GovernmentUSAChinaArtificial IntelligenceComputers and InternetTradeFederal GovernmentElectionWorldConflictAsiaMilitaryLaw EnforcementEntertainmentFinancial MarketsWhite HouseCongressDemocratic PartyEuropeMusicMediaFilm and TVEconomyGeneral PoliticsHealthBankingLegalAustralia Jensen HuangNvidiaChuck SchumerHoward LutnickSaudi ArabiaNewsweekNorth KoreaKim Jong Unconstitutional amendmentMoscow car bombSergei ZavorotnyU.S.-China technology warDonald TrumpASEAN summitAPEC summitunderwater dronesColette KressSteve WitkoffJared KushnerChris Van HollenNPR Breaking NewsNPRWall Street JournalSpaceXUkraineIranDisneylandWall Street Journal Editorial BoardSilicon Valleycorporate governancePlatformerThe PlatformerMicrosoft outageOutlookAPRATony BurkeWashington DC shootingABC News AMAlice HuangMicrosoft Outlook outageWashington DC gym shootingAustralian Prudential Regulation AuthorityBarrington Tops National Park
-
Mayor Bass Celebrates Graffiti Removal at Oceanwide Plaza as Downtown LA Revitalization Milestone
Graffiti has been cleared from roughly 250 balconies at the unfinished Oceanwide Plaza in Downtown Los Angeles, fulfilling a commitment Mayor Karen Bass secured from the project's new owners.
Politics and GovernmentBusinessReal EstateState GovernmentsEconomyLaw EnforcementSocial Issues Karen BassOceanwide PlazaDowntown Los AngelesKPC DevelopmentLendleaseLos Angeles Convention CenterDowntown Los Angeles Revitalization PlanLA Mayors Office
-
Amplitude's Wave Agent Cuts Product Improvement Shipping Time to 1–2 Days Using OpenAI Models
Amplitude says its proactive product agent Wave, roughly 80% powered by OpenAI models, helps teams ship product improvements in 1–2 days and drove a 160% lift in card-driven sends on its own homepage.
Science & TechnologyBusinessComputers and InternetArtificial IntelligenceEconomy AmplitudeOpenAIWaveGPT-6.1 SolCodexproduct developmentOpen AI
-
USTR Pushes Three Section 301 Deadlines Into 2027 as CBP Clarifies Foreign Importer Rule
USTR extended China product exclusions, its maritime-sector pause and the Vietnam IP decision deadline to early 2027, while CBP issued guidance on its foreign importer of record rule taking effect January 5.
BusinessTradeEconomyTransportationMiddle EastConflictAsia Section 301USTRU.S. Customs and Border Protectionforeign importer of recordVietnam intellectual propertyChina tariffsFlexportFlexport Global Logistics Update
-
IRS Publishes FY2026 Financial Report With 27th Straight Clean Audit Opinion
The GAO issued unmodified opinions on the agency's financial statements and internal control over financial reporting, and the IRS holds a fourth consecutive CEAR award.
Politics and GovernmentBusinessFederal GovernmentEconomyLegal IRSAgency Financial ReportGovernment Accountability OfficeFrank J. BisignanoCertificate of Excellence in Accountability Reportingfiscal year 2026federal financial reportingInternal Revenue Serviceenterprise risk management
-
Beshear Urges Trump to Remove RFK Jr. From HHS, Touts $55 Billion in Kentucky Investment
Kentucky Gov. Andy Beshear calls on President Trump to fire HHS Secretary Robert F. Kennedy Jr., citing foodborne illness and measles outbreaks, while touting record economic growth and new state funding.
Politics and GovernmentHealthBusinessState GovernmentsEconomyElectionMedical ScienceTransportation Andy BeshearRobert F. Kennedy Jr.Department of Health and Human ServicesSAFE Banking Actmedical cannabiseconomic developmentKentuckyKentucky Governor's Office
-
Federal Reserve Sets 2027 Pricing for Payment Services, Streamlines Check Services
The Federal Reserve Board has announced pricing effective January 1, 2027, for payment services the Federal Reserve Banks provide to banks and credit unions, alongside changes to streamline and adjust check services.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomy Federal Reserve BoardFederal Reserve Bankspayment servicescheck servicesbankscredit unionspricingU.S. Federal Reserve
-
Family Dollar to Pay $63 Million to Settle FTC and State Pricing Allegations
Family Dollar will pay $63 million to settle allegations it charged customers more at the register than the prices displayed on shelves, price tags and advertisements, the FTC and 17 states announced.
BusinessLaw EnforcementPolitics and GovernmentLegalEconomyFederal Government Family DollarFederal Trade Commissionprice transparencysettlementconsumer protectionretail pricing
-
Census Bureau Releases New HTOPS Data on Employment, Housing and Mental Health
U.S. Census Bureau releases new Household Trends and Outlook Pulse Survey data on employment, housing energy expenses and mental health, plus an infographic on social connectedness for adults 18 and older.
Politics and GovernmentHealthBusinessFederal GovernmentEconomyEmployment and LaborSocial IssuesEnergy U.S. Census BureauHousehold Trends and Outlook Pulse SurveyHTOPSemploymenthousingmental healthsocial connectedness
-
Spanberger and Democratic Leaders Preview 2027 "Moving Virginia Forward" Agenda
The plan includes a medical debt forgiveness program, housing measures, a ban on AI wage-setting, and new limits on data centers.
Politics and GovernmentHealthBusinessScience & TechnologyState GovernmentsDemocratic PartyEconomyArtificial IntelligenceSocial IssuesEnergy Abigail SpanbergerMoving Virginia ForwardVirginia General Assemblymedical debt forgivenessdata centersaffordable housingVirginiaRestonhousing
-
IRS Raises 401(k) Contribution Limit to $25,500 for 2027, Keeps IRA Limit at $7,500
Catch-up contributions for savers 50 and older rise to $8,500, with a higher $11,750 limit for those aged 60 through 63, and income phase-out ranges for IRA deductions, Roth contributions and the Saver's Credit all move up.
BusinessPolitics and GovernmentFederal GovernmentEconomyEmployment and LaborLegal Internal Revenue Service401(k) contribution limitIndividual Retirement AccountSECURE 2.0 Actretirement planningcost-of-living adjustmentSaver's CreditIRSSIMPLE retirement accounts
-
Federal Reserve Announces Revised Tentative 2027 FOMC Meeting Schedule
The Federal Reserve Board has released a revised tentative schedule of Federal Open Market Committee meetings for 2027, setting out the dates for next year's policy deliberations.
BusinessPolitics and GovernmentEconomyBankingFederal Government Federal ReserveFederal Open Market CommitteeFOMC meeting schedule2027Board of Governorsmonetary policyU.S. Federal Reserve